China’s Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies are Changing the Rules of Business
Product rating: 5.0 with 1 reviews
In September 2014, Chinese e-commerce giant Alibaba raised $25 billion in the world’s biggest-ever initial public offering. Since then, millions of investors and managers worldwide have pondered a fundamental question: What’s really going on with the new wave of China’s disruptors?
Alibaba wasn’t an outlier—it’s one of a rising tide of thriving Chinese companies, mostly but not exclusively in the technology sector. Overnight, its founder, Jack Ma, appeared on the same magazine covers as American entrepreneurial icons like Mark Zuckerberg. Ma was quickly followed by the founders of other previously little-known companies, such as Baidu, Tencent, and Xiaomi.
Over the past two decades, an unprecedented burst of entrepreneurialism has transformed China’s economy from a closed, impoverished, state-run system into a major power in global business. As products in China become more and more sophisticated, and as its companies embrace domestically developed technology, we will increasingly see Chinese goods setting global standards. Meanwhile, companies in the rest of the world wonder how they can access the fast-rising incomes of China’s 1.3 billion consumers.
Now Edward Tse, a leading global strategy consultant, reveals how China got to this point, and what the country’s rise means for the United States and the rest of the world. Tse has spent more than twenty years working with senior Chinese executives, learning firsthand how China’s most powerful companies operate. He’s an expert on how private firms are thriving in what is still, officially, a communist country. His book draws on exclusive interviews and case studies to explore questions such as
*What drives China’s entrepreneurs? Personal fame and fortune—or a quest for national pride and communal achievement?
*How do these companies grow so quickly? In 2005, Lenovo sold just one category of products (personal computers) in one market, China. Today, not only is it the world’s largest PC seller; it is also the world’s third-largest smartphone seller.
*How does Chinese culture shape the strategies and tactics of these business leaders? Can outsiders copy what the Chinese are doing?
*Can capitalists really thrive within a communist system? How does Tencent’s Pony Ma serve as a member of China’s parliament while running a company that dominates online games and messaging?
*What impact will China have on the rest of the world as its private companies enter new markets, acquire foreign businesses, and threaten established firms in countless industries?
As Tse concludes: “I believe that as a consequence of the opening driven by China’s entrepreneurs, the push to invest in science, research, and development, and the new freedoms that people are enjoying across the country, China has embarked on a renaissance that could rival its greatest era in history—the Tang dynasty. These entrepreneurs are the front line in China’s intense hunger for success. They will have an even more remarkable impact on the global economy in the future, through the rest of this decade and beyond.”
Posted in Economic Conditions Tagged with: Alibaba, Business, Changing, China's, Companies, Disruptors, Other, Portfolio, Rules, Tencent, Xiaomi
The Sisters Are Alright: Changing the Broken Narrative of Black Women in America
by: Berrett-Koehler Publishers
Product rating: 4.8 with 23 reviews
What’s wrong with black women? Not a damned thing!
The Sisters Are Alright exposes anti–black-woman propaganda and shows how real black women are pushing back against distorted cartoon versions of themselves.
When African women arrived on American shores, the three-headed hydra—servile Mammy, angry Sapphire, and lascivious Jezebel—followed close behind. In the ’60s, the Matriarch, the willfully unmarried baby machine leeching off the state, joined them. These stereotypes persist to this day through newspaper headlines, Sunday sermons, social media memes, cable punditry, government policies, and hit song lyrics. Emancipation may have happened more than 150 years ago, but America still won’t let a sister be free from this coven of caricatures.
Tamara Winfrey Harris delves into marriage, motherhood, health, sexuality, beauty, and more, taking sharp aim at pervasive stereotypes about black women. She counters warped prejudices with the straight-up truth about being a black woman in America. “We have facets like diamonds,” she writes. “The trouble is the people who refuse to see us sparkling.”
Posted in African-American Studies Tagged with: Alright, America, Berrett-Koehler Publishers, Black, Broken, Changing, Narrative, Sisters, Women
2 Billion Under 20: How Millennials Are Breaking Down Age Barriers and Changing the World
by: St. Martin’s Press
Product rating: 5.0 with 27 reviews
Welcome to the future!
2 Billion Under 20 is a book, online community, and movement inspired by the 2 billion people in the world currently at or under the age of twenty. We stand for Millennials, Gen Z’ers, and those who want to better understand them and their unique potential. This book shows how we can all act on our passions and make a difference at any age.
Young entrepreneurs Stacey Ferreira and Jared Kleinert have brought together seventy-five stories from ambitious young people like Paige McKenzie, who started her own YouTube channel at sixteen that now has more than 55 million views; Sam Mikulak, who’s represented Team USA in the Olympics and is a seven-time NCAA champion in Men’s Gymnastics; Jack Andraka, who developed an early detection test for pancreatic cancer at fifteen; Tallia Storm, a Scottish singer who was discovered by and opened a concert for Elton John, on her way to signing a record deal with Virgin Records; Dau Jok, who escaped civil war in South Sudan to become captain of the University of Pennsylvania’s Division 1 basketball team and founder of a nonprofit to help youth in his native country, and many other accomplished and inspiring Millennials from all walks of life.
All of these young people-members of the 2BillionUnder20.com community-have joined forces to show the world how Millennials are taking care of business. Join the movement and change the world!
Posted in Leadership Tagged with: Barriers, Billion, Breaking, Changing, Down, Millennials, St. Martin's Press, Under, World